TikTok Achieved Something Only Facebook has Managed Before

TikTok is certainly one of the biggest social media phenomena of recent years. The app debuted in 2018, so it only took it three years to reach the 3 billion s threshold. This makes it the most popular app in the world not owned by Facebook. Despite issues, the app by ByteDance still does not go off the top of the most ed apps on smartphones. So far, the limit of three billion installations has been sured by Facebook, Instagram, Messenger and WhatsApp.

According to SensorTower, in the first half of this year, TikTok was second to none, reaching 383 million installations, which was the best result in the stated period (excluding mobile games). However, this is not the pinnacle of what it can do, as the Chinese giant's app was ed 318 million times in the first quarter of 2020 alone.

TikTok results by quarter; Source: SensorTower

It should be noted that this result consists of the numbers of s of TikTok from Google Play, App Store, as well as s of Douyin, the version designed exclusively for the Chinese market. In the second quarter of 2021, ByteDance's app saw a big increase in consumer spending - in other words, it earned $535 million in revenue. TikTok's total revenue since the app's debut amounts to about $2.5 billion. So far, only apps like Tinder, Netflix, YouTube and Tencent Video have boasted similar earnings.

TikTok's quarterly financial results; Source: Sensor Tower

• TikTok - official website

• Internet
• social media
• mobile applications
• TikTok
• AND
• iOS